Newsletter registration

By using our website, you are agreeing to cookies being stored and Google Analytics being used on your device in order to offer the best possible service. You can find more information on thishere.
Austria.
Where Great Emphasis is Put on Research.

The Rise of ICO

Paul Polterauer, CEO Herosphere © Herosphere

In particular, cryptocurrencies such as bitcoin or ether based on the blockchain technology have dominated public discussions. Initial Coin Offerings (ICOs), or corporate financing with cryptocurrencies, are experiencing exponential growth.

At the summit entitled “The Rise of ICO“, the “Who-is-Who of the Cryptoeconomy” gathered together in Linz, Upper Austria October 2-3, 2017. Among the speakers were Brock Pierce, Managing Partner at Blockchain Capital, Richard Kastelein, Chairman of the Bitcoin Foundation as well as Jamie Burke, investor in blockchain startups. Visions for special corporate financing on a cryptocurrency basis were on the agenda of the “Rise of ICO” summit.

The startup Herosphere launched HEROcoin, the first ICO in accordance with Austrian law, together with the business angel network startup300. After seven days tokens of the HEROcoin cryptocurrency were already sold against the ether at a value of USD 1.15 million (or close to EUR 1 million). The HEROcoin is designed to serve users in the future to be able to make competitive bets for eSports on the Herosphere portal.

Share on Facebook Share on Facebook Share on Twitter Share on Twitter Share on Linkedin Share on Linkedin

Testimonials

Events

Meet us at events, seminars and trade shows - worldwide.

  • Meet us in Moscow

    23. - 26.04.2019, Moscow

  • Meet us @ Pioneers

    09. - 10.05.2019, Vienna

Austria Map

Find the perfect location for your company

Austria is well known for its social stability and excellent labor relations where strikes are measured only in seconds. As a global player, reliable deliveries are a top priority for us.

Opel Austria

Logo
More testimonials

news from the business location Austria

Maximize profitability with Vertec

After establishing a subsidiary in Austria in the beginning of 2019, the Swiss software specialist Vertec now operates in the entire DACH region.

Blockchain Technologies: Austria’s Contribution in the Global Race

An international race focusing on the blockchain technology underlying cryptocurrency is currently taking place, not least due to the Bitcoin hype in 2017. Asia and in particular China are a step ahead at present, whereas the USA is somewhat behind. The blockchain industry is still in an embryonic state in large parts of Europe. Find out here why there is still hope and what role Austria is playing.

More news All blog posts